economy

Egypt prepares to receive World Bank mission
Egypt

Egypt prepares to receive World Bank mission

Minister of International Cooperation and Governor of Egypt at the World Bank Group, Rania al-Masha, highlighted the importance of Egypt’s…
Egypt aims to launch digital currency by 2030
Egypt

Egypt aims to launch digital currency by 2030

The Information and Decision Support Center of the Egyptian Council of Ministers prepared a research project, “The Document on the…
Central Bank yet to announce flotation of Egyptian pound: MP
Economy

Central Bank yet to announce flotation of Egyptian pound: MP

Senate member Ahmed Samir said that the Central Bank of Egypt (CBE) has not officially announced the flotation of the…
Xi Jinping rings in 2024 with rare admission that China’s economy is in trouble
World

Xi Jinping rings in 2024 with rare admission that China’s economy is in trouble

Hong Kong CNN  —  China’s businesses are struggling and job seekers have trouble finding work, President Xi Jinping acknowledged during…
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
Business

“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt

A member of the House of Representatives, Abu Abbas Farhat Turki, a submitted a briefing request to the Speaker of…
Will the foreign exchange crisis in Egypt end soon?
Features/Interviews

Will the foreign exchange crisis in Egypt end soon?

Prime Minister Mostafa Madbouly assured Saturday that Egypt’s currency crisis is “transient” and will come to an end soon. In…
Finance min.: Promoting cooperation with India to face economic challenges
Egypt

Finance min.: Promoting cooperation with India to face economic challenges

Finance Minister Mohamed Maait asserted Egypt’s keenness on diversifying financing resources and accessing new capital markets through innovative and more…
Expectations of unprecedented inflation in Egypt
Business

Expectations of unprecedented inflation in Egypt

The head of Egypt’s sovereign wealth fund Ayman Soliman said that Egypt’s inflation, which has accelerated to record levels, has…
Dollar price in Egypt rises to LE48 up from LE42 last week
Business

Dollar price in Egypt rises to LE48 up from LE42 last week

The price of the dollar rose against the Egyptian pound by at least five pounds, exceeding LE47 according to the…
Saudi Arabia’s oil production cuts have tipped its economy into reverse
Middle East

Saudi Arabia’s oil production cuts have tipped its economy into reverse

Abu Dhabi CNN  —  Saudi Arabia’s economy has jolted into reverse, after the world’s largest crude oil exporter slashed output…
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